First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share
FRC.PRI
FRC.PRI was delisted on the 28th of April, 2023.
1 hedge funds and large institutions have $17 invested in First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 4 closing their positions.
75% less funds holding
Funds holding: 4 → 1 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
100% less capital invested
Capital invested by funds: $368K → $17 (-$368K)
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
-$198K |
| 2 |
DLCIG
D.L. Carlson Investment Group
Concord,
New Hampshire
|
-$160K |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$5.39K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$4.45K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Comerica Bank
Dallas,
Texas
| $17 | +$9.15K | +1,557 | New |
|
|
EFG
2
Ethos Financial Group
King Of Prussia,
Pennsylvania
| – | -$198K | -31,546 | Closed |
|
|
DLCIG
3
D.L. Carlson Investment Group
Concord,
New Hampshire
| – | -$160K | -25,488 | Closed |
|
|
AP
4
Advisors Preferred
Rockville,
Maryland
| – | -$5.39K | -795 | Closed |
|
|
5
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4.45K | -709 | Closed |
|
FRC.PRI Hedge Fund Activity: Q2 2023 in Review
1 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share (FRC.PRI) for Q2 2023, worth a combined $17 — down 100% from $368K a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRC.PRI and 1 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Ethos Financial Group, exiting entirely with an estimated $198K sold.
- 1 institutional investor held First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share (FRC.PRI) as of Q2 2023, down from 4 in Q1 2023.
- Funds reported $17 of First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share stock for Q2 2023, down 100% quarter-over-quarter.
- 1 fund opened new First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share positions in Q2 2023 and 4 closed out, a net change of -3 holders.
- The largest First Republic Bank Depositary Shares, each representing a 1/40th interest in a share of 5.50% Noncumulative Perpetual Series I Preferred Stock, par value $0.01 per share seller in Q2 2023 was Ethos Financial Group, an estimated $198K sold.
Based on aggregated 13F filings for Q2 2023.